Imputing consumption from Norwegian income and wealth registry data

Q3 Social Sciences
Å. Fagereng, Elin Halvorsen
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引用次数: 26

Abstract

Data on consumption expenditure of the household is essential in a wide array of economic research. This includes both topics in micro as well as macroeconomics. However, obtaining a consistent and precise measure of household consumption has proven notoriously difficult. This paper documents a method for computing a longitudinal consumption measure for Norwegian households from administrative records of income and wealth. Expenditure surveys tend to suffer from limited sample sizes and underrepresentation of high-income households. Administrative data does not have such limitations and offers a much larger sample with better coverage of all household types. This is particularly useful for improving the measurement of heterogeneity in consumption behavior.
根据挪威收入和财富登记数据推算消费
关于家庭消费支出的数据在广泛的经济研究中是必不可少的。这包括微观和宏观经济学的主题。然而,获得一致而精确的家庭消费数据是出了名的困难。本文记录了一种从收入和财富的行政记录中计算挪威家庭纵向消费度量的方法。支出调查往往受到样本量有限和高收入家庭代表性不足的影响。行政数据没有这种限制,提供的样本大得多,更好地覆盖了所有家庭类型。这对于改进对消费行为异质性的测量尤其有用。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
Journal of Economic and Social Measurement
Journal of Economic and Social Measurement Social Sciences-Social Sciences (all)
CiteScore
1.60
自引率
0.00%
发文量
4
期刊介绍: The Journal of Economic and Social Measurement (JESM) is a quarterly journal that is concerned with the investigation of all aspects of production, distribution and use of economic and other societal statistical data, and with the use of computers in that context. JESM publishes articles that consider the statistical methodology of economic and social science measurements. It is concerned with the methods and problems of data distribution, including the design and implementation of data base systems and, more generally, computer software and hardware for distributing and accessing statistical data files. Its focus on computer software also includes the valuation of algorithms and their implementation, assessing the degree to which particular algorithms may yield more or less accurate computed results. It addresses the technical and even legal problems of the collection and use of data, legislation and administrative actions affecting government produced or distributed data files, and similar topics. The journal serves as a forum for the exchange of information and views between data producers and users. In addition, it considers the various uses to which statistical data may be put, particularly to the degree that these uses illustrate or affect the properties of the data. The data considered in JESM are usually economic or social, as mentioned, but this is not a requirement; the editorial policies of JESM do not place a priori restrictions upon the data that might be considered within individual articles. Furthermore, there are no limitations concerning the source of the data.
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